Cumberland, IN Real Estate
According to census data in the year 2000 there were 2,084 housing units in Cumberland.
This represents a 20.2% growth from 1,734 in 1990.
Of those housing units, 2,084 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cumberland is about 72.7%.
Cumberland's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Cumberland were built after 1983.
|Housing Units by Size|
|Five Bedrooms or more||4.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.96|
|Median year structure was built||1986|
|Median Value of occupied units||$142,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.12|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$563|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||14.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.2%|